Template:Isda 6(b)(i) summ
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Note the difficulty of practical compliance with this provision, given a sizeable ISDA portfolio, and the requirement for actively monitoring not only standard {{{{{1}}}|Termination Events}}, but also {{{{{1}}}|Additional Termination Events}}, which may be counterparty or even {{{{{1}}}|Transaction}}-specific.
Be aware of the {{{{{1}}}|notices}} provision of the ISDA Master Agreement, especially if you’re using a 1992 ISDA and you were thinking of serving by email — NatWest Bank could tell you a thing or two about that, as this lengthy article explains — or if the world happens to be in the grip of madness, hysteria, pandemic or something equally improbable[1] like an alien invasion.
- ↑ “The chances of anything coming from Mars were a million-to-one,” he said. Yet, still they came.